Hundreds of poor and illiterate people in rural Rajasthan were tricked into buying expensive insurance policies instead of FD schemes.
ICICI Prudential's ex-employee and whistle-blower, Nitin Balchandani, explains how the scam was carried out and how no regulatory action has still taken place against the swindlers.
Read in English: https://thewire.in/208356/icici-bank-fraud-fixed-deposit-insurance-policy-rajasthan/
Read in Hindi: http://thewirehindi.com/29952/icici-officials-accused-of-tricking-hundreds-into-buying-insurance-instead-of-fd-schemes/
